Wingspire Capital upsized a revolving line of credit to $300M for New APR Energy in support of growth for the global leader in fast-track power generation solutions. APR Energy owns and operates one of the world’s largest mobile gas turbine fleets, representing 1 GW of generation capacity. The company delivers bridging and permanent power generation to mission-critical customers, including data center operators and utilities. APR will use proceeds of the revolver for capital expenditures, maintenance, equipment refurbishment, daily operations, and additional liquidity for growth. The transaction doubles the size of a revolving facility Wingspire Capital provided to APR Energy earlier this year.
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